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JAPAN
Feb 20, 1998

LDP unveils latest plan to reinvigorate economy

The ruling Liberal Democratic Party on Friday unveiled its fourth stimulus package, hoping to boost confidence in the economy before the March 31 end of the fiscal year.
JAPAN
Feb 18, 1998

American teenager blazes path through Japanese schools

Staff writer
JAPAN
Feb 17, 1998

Bill aims to put some backbone into administrative reform

The Cabinet adopted a bill Tuesday that will serve as the basic law to start consolidating a reformed administrative system in January 2001 at the earliest.
JAPAN
Feb 13, 1998

Nagano's traffic no problem for time-pressed athletes

Staff writer
JAPAN
Feb 12, 1998

Paralympics' legacy left in doubt

Last in a series
JAPAN
Feb 6, 1998

Takashimaya section chief sold customer data for 500,000 yen

OSAKA -- A section chief of Takashimaya Co., Ltd., a leading department store chain operator, sold data on about 500,000 customers in July 1995 to a mail list dealer in Tokyo for 500,000 yen, company sources said Friday.
JAPAN
Feb 6, 1998

Kansai execs back government decentralization

KYOTO -- The Kansai region should draw up concrete plans to promote decentralization of administrative power, business leaders attending the 36th Kansai Zaikai Seminar here agreed Friday.
JAPAN
Jan 30, 1998

Case of 1946 assault on state minister finally allowed to expire

A trial that started in 1946 and was continuously resurrected to prevent the statute of limitations from running out while the defendant remained at large was formally dismissed Friday.The defendant, who was not named and who would be 76 years old now, was arrested Feb. 24, 1945, after he pulled a knife...
JAPAN
Jan 30, 1998

NTT's caller ID service makes screening easier

Staff writerEver been harassed by incessant prank calls? Felt nervous about picking up the phone, not knowing who's on the other end of the line?Based on such apprehensions and other misuses of the telephone, Nippon Telegraph and Telephone Corp. has shrewdly developed a new business. Starting Sunday,...
JAPAN
Jan 29, 1998

Outline of 2001 administrative realignment approved

The government Thursday drew up the outline of new legislation that will serve as the basic law to start consolidating administrative organs in 2001.A government panel, consisting of all ministers and headed by Prime Minister Ryutaro Hashimoto, met in the morning and decided on the outline, which mandates...
JAPAN
Jan 28, 1998

Keck announces end to EU-Japan auto export restraint

Europe will not seek to extend its agreement with Japan on voluntarily restraining Japanese automobile exports, European Union Ambassador Jorn Keck said Wednesday.The departing ambassador was speaking at a farewell news conference at the Japan National Press Club in Tokyo. "I don't know how to prolong...
JAPAN
Jan 28, 1998

Extra budget, tax cuts pass Lower House

The Lower House on Wednesday passed the government-proposed supplementary budget for the current fiscal year and bills to allow for 2 trillion yen in pump-priming income and residence tax cuts.The extra budget and bills were moved the House of Councilors for further action. They are key components in...
JAPAN
Jan 28, 1998

Mitsuzuka resigns over finance bribery scandal

Finance Minister Hiroshi Mitsuzuka tendered his resignation Wednesday to Prime Minister Ryutaro Hashimoto to take the blame for a scandal in which two ministry bank inspectors were arrested for bribery.In accepting Mitsuzuka's resignation, Hashimoto will also hold the post of finance minister until...
JAPAN
Jan 26, 1998

Finance Ministry inspectors arrested over bank bribes

Two officials of the Finance Ministry's Finance Inspection Department are under arrest on suspicion of accepting bribes from banks in the form of wining and dining, the special investigative squad of the Tokyo District Public Prosecutor's Office announced Monday night.The two arrested were identified...
JAPAN
Jan 23, 1998

Seoul retaliates as Tokyo scraps 1965 fishery pact

Seoul denounced Tokyo's decision Friday to unilaterally terminate a 1965 fisheries pact following the breakdown of nearly two years of negotiations.In swift response, South Korean Foreign Minister Yoo Chong Ha declared the Japanese decision "unfriendly" and said his country will, in retaliation, immediately...
JAPAN
Jan 23, 1998

Bill targets renewal of old-fashioned shopping districts

Three government ministries on Friday presented to the ruling Liberal Democratic Party the outline of a bill to revitalize commercial districts in line with the planned abolition of the Large-Scale Retail Store Law.The bill would allow for a total expenditure of 1.5 trillion yen to bring economic vitality...
JAPAN
Jan 23, 1998

OECD sets guidelines to stop harmful tax competition

Staff writerThe 29 member nations of the Organization for Economic Cooperation and Development have agreed in principle on guidelines for eliminating "harmful" tax competition designed to attract more foreign capital, government sources said Friday.The guidelines call for the nations to roll back what...
JAPAN
Jan 23, 1998

Mitsuzuka vows internal probe of corruption

The Finance Ministry will conduct an internal probe to check on excessive wining and dining of its officials in light of the arrest of a former ministry bureaucrat for alleged acceptance of bribes, Finance Minister Hiroshi Mitsuzuka said Friday.The results of the investigation will be made public, he...
JAPAN
Jan 22, 1998

Aoshima releases budget draft for '98

Tokyo Gov. Yukio Aoshima unveiled a 6.675 trillion yen budget draft for fiscal 1998 Thursday that may finally cure the huge budget shortfall of the Tokyo Metropolitan Government.While the shortfall has been covered with special fiscal measures since 1990, the austere general account budget represents...
JAPAN
Jan 21, 1998

Reports on deficit-covering-bond remarks irk Kato

Secretary General Koichi Kato of the ruling Liberal Democratic Party expressed his disapproval Wednesday of some morning media reports that he said misinterpreted his comments from the previous day."I did not mean at all that the government is considering moving back the target year to stop issuing...
JAPAN
Jan 20, 1998

Economy remains stagnant: BOJ

The economy "remains stagnant," the Bank of Japan said Tuesday in an even less optimistic view than it had in December, when the bank said economic growth had stalled.In its monthly economic review for January, the BOJ said sluggish domestic demand has had a negative impact on production, employment...
JAPAN
Jan 19, 1998

Hashimoto gets testy over calls to resign

Prime Minister Ryutaro Hashimoto told a Diet committee Monday that he would resign as prime minister immediately if it would help change the gloomy economic climate hanging over the nation."But things are not that easy," Hashimoto said angrily, in reply to a demand from an opposition lawmaker that Hashimoto...
JAPAN
Jan 16, 1998

Hashimoto restates dedication to stability, tax cuts

Prime Minister Ryutaro Hashimoto on Friday stressed the need to deliver on government pledges to implement a 2 trillion yen pump-priming tax cut and to pass financial stabilization measures.Speaking before the House of Representatives Budget Committee, Hashimoto noted that markets have already responded...
JAPAN
Jan 16, 1998

DKB chief admits illegal loans, pleads ignorance

The former chairman of Dai-Ichi Kangyo Bank pleaded guilty Friday to providing some 12 billion yen in illegal loans to a "sokaiya" corporate extortionist and said he is doing some deep soul-searching regarding his actions.Reading a statement in his first hearing before the Tokyo District Court, the...
JAPAN
Jan 9, 1998

Fiscal woes plague Osaka governor

Staff writerNearly three years ago, comedian and Diet member "Knock" Yokoyama shocked the nation by winning Osaka Prefecture's gubernatorial election as an independent, despite entering the race only three weeks before the voting.Yokoyama won because voters, angry with the former governor for his involvement...
JAPAN
Jan 2, 1998

The Telecoms Race: TTNet takes lead in domestic price war

Second of two partsStaff writerDeregulation in the telecommunications sector began to be slowly implemented over a decade ago, but it is only now that the industry is entering cutthroat price competition, accelerated by the imminent breakup of NTT.On Jan. 7, Tokyo Telecommunication Network Co. (TTNet)...
JAPAN
Dec 31, 1997

Hashimoto to stay in charge by default, despite recession

Staff writer
JAPAN
Dec 25, 1997

Slim second budget approved for '98

The Cabinet on Thursday approved the final version of the government's general investment and loan program for fiscal 1998, which accounts for a total 36.66 trillion yen, down 6.8 percent from the current year.
JAPAN
Dec 25, 1997

Minister favors conversion of wards into municipalities

Home Affairs Minister Mitsuhiro Uesugi has expressed support for a plan to convert Tokyo's 23 wards into full-fledged municipal bodies, Tokyo Gov. Yukio Aoshima said Thursday.
JAPAN
Dec 19, 1997

Shares and yen tumble as credit crunch worsens

Share prices and the yen came under severe selling pressure Friday in Tokyo amid reports that a credit crunch has forced a major food trader out of business.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?